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put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental dynamic hasn't changed and that is, can boehner bring any votes to the table? if 20 -- if 20 or so tea party republicans rebel against him, he doesn't win the speakership vote on january 3rd. i don't though how you get around that because i still think even if the last election there are at least 20 or so crazies or whatever you want to call them extremists, die hards in the house republican tea party caucus. >> and they're still there. >> they're still there. >> he has compared -- herding frogs in a wheel barrow. >> he should be so lucky. >> the republicans primaries produced a nominee who's most -- whose most memorable comm
put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental...
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Nov 28, 2012
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harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter what. democrats maintain that the republicans abused the filibuster as the majority always does. so i think they would be doing it anyway. but if it's, you know, gives them extra leverage that's a bonus. >> i link this with the president's approach today where he essentially said to the republicans on taxes, you give me everything, i give you nothing, we go over a cliff otherwise. i think this is an assault by democrats on republicans, democrats have an idea that having just one what they won is a landslide, they will push this on all the fronts in the congress an
harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter...
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Nov 29, 2012
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harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap your at the president. he said this is a moment for adult leadership. the white house does have to get serious on spending cuts and entitlement reform. the republicans are trying to shift the discussion in this debate over to the spending that side. the entitlement reform side. the president hammering them on the tax side of it. especially spending, extending the bush tax cuts for the middle class. connell: are you noticing a difference? is that the way it is shaping up today that the democrats are more optimistic than the republicans because republicans do no
harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap...
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Nov 29, 2012
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i talked to harry reid earlier today. i asked him whether or not tim geithner had brought a specific offer up here to the republicans from the president. he said no. no specific offer today. in fact, he said the president made the offer from the democrats two weeks ago, and that's the offer that stands now. so, guys, a very high-stakes poker game here on capitol hill right now. treasury secretary geithner meeting with nancy pelosi, the democratic leader in the house, as we speak. we expect to hear from her, probably not him, in about a half an hour. >> what is soon? no deal soon. we're 32 days away. this is just mind boggling. >> you mean it's going to go down to the wire? what a surprise, eamon. >> washington loves brinksmanship. they love deadlines. they're incapable, they've proven time and time again throughout history, they're incapable of coming to a deal before that deadline. my guess is, based on seeing these things before, that's where we're going here. right until mid to late december before we get a final deal.
i talked to harry reid earlier today. i asked him whether or not tim geithner had brought a specific offer up here to the republicans from the president. he said no. no specific offer today. in fact, he said the president made the offer from the democrats two weeks ago, and that's the offer that stands now. so, guys, a very high-stakes poker game here on capitol hill right now. treasury secretary geithner meeting with nancy pelosi, the democratic leader in the house, as we speak. we expect to...
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that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go off the fiscal cliff, pocket the increase on the wealthy, the tax increase on the wealthy, and blame republicans for the middle class tax increases. and if that's what they want to do, then republicans should say let's go with 'em. megyn: simon, what about the spending cuts? >> well, first of all, i was in a meeting with the president two days ago, private meeting, and he made it very clear he doesn't want to go over a fiscal cliff, and his preference is to do a deal with the republicans. so i think what marc said at the beg
that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go...
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Nov 29, 2012
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>> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats have yet to get serious. you can continue to watch the comments from senator durbin, senators schumer and murray are also there as well, likely to speak. you can continue to see that as you see at the bottom of your screen on cnbc.com. >>> let's head down to capitol hill and our own eamon javers. i know you keep saying this is a negotiating tactic being used by both sides. it seems as though the markets and the investing public are the ones being held hostage. >> reporter: absolutely. they must feel that way up there on wall street. i can tell you in washington terms, this is a little bit of e
>> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats have yet to get serious. you can continue to watch the...
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the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's judicial nominees. and there was discussion -- there was discussion among republicans about getting rid of the filibuster it was never meant for this purpose. let's blow it up. let many get rid of it. and at the time this is what then senator obama said. everyone in this chamber the senate knows if the majority chooses to end the filibuster, then the fighting, birthsmen and gridlock will only get worse. i know republicans are getting lot of pressure to do this. we need to rise above the ends justify the means to all the people, not just those wear
the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's...
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nevada, senator harry reid's home turf. jane wells is talking to reid's constituents to find out how the fiscal cliff is affecting them. jane. >> reporter: harry reid's state has the highest unemployment rate and the second highest foreclosure rate in the country. and in nevada's second biggest city, one powerful man is concerned the fiscal cliff could bring on an economic reno 911. >> do a quick overview here. you're looking at a county the size of the state of plain. >> reporter: lance gillman is straight out of the wild west. he says he's used cash to build the tahoe reknee industrial center, a growing manufacturing and distribution hub. >> it's the largest fee-owned property in the state of nevada. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry rei
nevada, senator harry reid's home turf. jane wells is talking to reid's constituents to find out how the fiscal cliff is affecting them. jane. >> reporter: harry reid's state has the highest unemployment rate and the second highest foreclosure rate in the country. and in nevada's second biggest city, one powerful man is concerned the fiscal cliff could bring on an economic reno 911. >> do a quick overview here. you're looking at a county the size of the state of plain. >>...
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Nov 25, 2012
11/12
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, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he needed to hear it. no one was telling him. think about it for a moment. what is the second most powerful democrat in washington have to use his chief of staff as a lever to send a message to the president of the united states? i was talking to somebody from amazon.com the other day. as you may know, they take books and they divide them as red states and blue states. most of the books selling in red states, republican state, blue state, democratic states, and i have said, where does this football? where is it to and he said well, it's purple. because it has information about both sides in all of us. i
, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he...
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joining me now are joy reid, managing editor of the grio and robert reich, former labor secretary and professor at the university of california berkeley. joy, are you feeling sorry for grover norquist yet? >> immensely. he's such a lonelily l man. the senate is gone. enough republican senators have signal they're going to play ball. this is about the house of representatives and really for john boehner, everything changes in a good way for him. if we go off the curb or the cliff on january 1st, he won't be dealing with that tea party caucus and that's the bee in his bonnet that doesn't want to make a deal and by the way, a lot of them are are out the door. so greg's reporting is interesting because it signals that the white house has a public posture in which they say no, we dare not go off the cliff but we're going to get those tax rates increased and the reporting i've done tonight is that there's going to be additional meetings. this was the private version of the public meetings they did last week. now, they've been doing them in private and these are white house economic staff. p
joining me now are joy reid, managing editor of the grio and robert reich, former labor secretary and professor at the university of california berkeley. joy, are you feeling sorry for grover norquist yet? >> immensely. he's such a lonelily l man. the senate is gone. enough republican senators have signal they're going to play ball. this is about the house of representatives and really for john boehner, everything changes in a good way for him. if we go off the curb or the cliff on...
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Nov 27, 2012
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free market is not one that hangs on every whim and word of harry reid. at the end of the day there are multiple factors at work here. china hit a new low. we will talk about these things but i think it is multiple factors a at work beyond what somebody in washington says. >> this reminds me of when we had the european crisis or in 2008 when there was the vote on the tarp. i don't think we should overreact to this. if i learned anything from schoolhouse rock making a bill is like sausage making. you will have imaginations going on. >> i don't think they made that comparison on school house rock. >> he was watching a different schoolhouse rock. >> the jack black "schoolhouse rock." >> the fiscal cliff is just a great headline but the tip of the iceberg of what is really ailing or what could potentially ail this market in weeks to come. we are within the whisper of a four-year high. europe is a mess and the data in the states has been mediocre at best. the fiscal cliff is an easy thing to point the finger at. >> there is a silver lining. if there is a silve
free market is not one that hangs on every whim and word of harry reid. at the end of the day there are multiple factors at work here. china hit a new low. we will talk about these things but i think it is multiple factors a at work beyond what somebody in washington says. >> this reminds me of when we had the european crisis or in 2008 when there was the vote on the tarp. i don't think we should overreact to this. if i learned anything from schoolhouse rock making a bill is like sausage...
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Nov 26, 2012
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what's been happening is not because harry reid is an ineffective leader. as he's trying to say obstructing everything, even beginning debate on things. even considering things. blah, blah blah. it will shut down the senate. it is such an abuse of power. [baby crying] >> he's admitting they do have power now. >> stephanie: the push will happen at the start of the new congress and reid will unveil the rules package which has changes to the filibuster. what reid appears most to do is push for an end on the filibuster or the beginning of a debate on bills or nominations. senators could still filibuster virtually any other aspect including any movement to end debate for final vote on a bill. yeah. by in large reading this talk is on board with this approach. they're furious as what they see as deliberate attempts to threaten filibusters on even the most routine pieces of legislation or noncontroversial nominations. simply to stall president obama's agenda. yea. i say. 58 minutes after the hour. right back on "the stephanie miller show." governor tomorrow night.
what's been happening is not because harry reid is an ineffective leader. as he's trying to say obstructing everything, even beginning debate on things. even considering things. blah, blah blah. it will shut down the senate. it is such an abuse of power. [baby crying] >> he's admitting they do have power now. >> stephanie: the push will happen at the start of the new congress and reid will unveil the rules package which has changes to the filibuster. what reid appears most to do is...
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joining me now is joy ann reid, and ana marie cox, washington correspondent for the guardian. thank you both for joining me tonight. >> good to be here. >> ana marie, let me start with you. do republicans see the writing on the wall in this tax debate? >> i think they do. obviously some of them do. and i have to say, this is like a very weird place to kind of like stake your claim, like this is what you're going to commit political suicide over. there are actually other conservative ideals that i understand the philosophical principles behind and why you might go to the mat on this one. but this was -- as the president said, this was something that was decided by the election. this is not something that people were wishy-washy on. americans don't mind if you raise taxes on the very wealthy. not only do they not mind but they want this. i think it only makes sense for republicans to at least do what tom cole has said, which is to settle for this now and then if you want to have that fight later, if you want to make your debate points later, go ahead and do that. at this point,
joining me now is joy ann reid, and ana marie cox, washington correspondent for the guardian. thank you both for joining me tonight. >> good to be here. >> ana marie, let me start with you. do republicans see the writing on the wall in this tax debate? >> i think they do. obviously some of them do. and i have to say, this is like a very weird place to kind of like stake your claim, like this is what you're going to commit political suicide over. there are actually other...
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Nov 27, 2012
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worse than the reid compromise. this is worse today. i and those standing with me are not going to hold our nose once more and bulk of the bill that is wrong. i will not vote for this bill. this not a balanced approach to controlling spending. it does not ask for shared sacrifice. it put virtually the entire burden of working families and the middle-class while asking nothing from billionaires', millionairess, hitched and he -- and huge corporations and corporation that then jobs overseas. this bill does nothing to address the single greatest challenge we face today -- creating jobs. ordinary americans who are barely getting by, struggling to pay the bills, who go to bed were read every single night. this still has nothing offer them. i cannot believe something as routine as the debt ceiling is being used to export to $0.50 trillion in cuts from investments that the american people need. we can reduce spending without taking it out of ordinary people. they did not cause this deficit. it is not their responsibility t
worse than the reid compromise. this is worse today. i and those standing with me are not going to hold our nose once more and bulk of the bill that is wrong. i will not vote for this bill. this not a balanced approach to controlling spending. it does not ask for shared sacrifice. it put virtually the entire burden of working families and the middle-class while asking nothing from billionaires', millionairess, hitched and he -- and huge corporations and corporation that then jobs overseas. this...
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. >> the president and leader reid said social security should be off the table. what's your reaction to that? >> all of the entitlements need to be discussed, because they on an unsustainable path. medicare is in more immediate danger. we want to save these programs and i understand the dilemma that the president and thethey don't want to change anything. well, times change. and until we make sure these popular entitlement programs fit the demographics of the changingit's simple math. what we have lacked so far is the political courage to do what needs to be done. look, i'm not happy about divided government. i would rather have a republican president, republican senate and republic house. good things about divided government, it's the best time to do really hard stuff and i'll give you four good examples. did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inau
. >> the president and leader reid said social security should be off the table. what's your reaction to that? >> all of the entitlements need to be discussed, because they on an unsustainable path. medicare is in more immediate danger. we want to save these programs and i understand the dilemma that the president and thethey don't want to change anything. well, times change. and until we make sure these popular entitlement programs fit the demographics of the changingit's simple...
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Nov 28, 2012
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harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with the president's remarks that he would like to see framework to avoid the fiscal cliff by christmas. sitting treasury debt up to capitol hill tomorrow to meet with congressional leaders, democrats and republicans. in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have tw
harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with...
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Nov 28, 2012
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that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county and look for a way out of? >> no. which general have is a little so here's complicated bill. it's got a lot of moving parts. does it raise taxes? look, it's pretty clear in those cases. the important part of the pledge is it allows people to credibly commit they're not going to raise taxes and the people know who and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spen
that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county...
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>> harry reid doesn't get it. the pledge isn't to me but the american people. if you are a congressmen or senator, you can say 20 different changes in the tax code in spending, look at this, this isn't a tax increase but a good piece of legislation, you should be happy and people look back and say yeah. it's not only a test the day you pass it and obama explains what's in the bill, bush explained what was in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but when the iraq war wound down , people said massive permanent tax increase and phony spending cuts. spending wept up and not down and your tax increases hurt the economy. the economy is bad. so it's got to pass the lap test not just the moment it happens but between now and the next several sessions. >> so i hear in what you're saying considerable wiggle room. i hear you saying that republicans should not negotiate with themselves, should push for the best deal that they can get, but you aren't here as a deadeneder, you're not saying that people should go off the cliff just beca
>> harry reid doesn't get it. the pledge isn't to me but the american people. if you are a congressmen or senator, you can say 20 different changes in the tax code in spending, look at this, this isn't a tax increase but a good piece of legislation, you should be happy and people look back and say yeah. it's not only a test the day you pass it and obama explains what's in the bill, bush explained what was in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but...
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today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a proposal from them. >> okay. let's dig in and bring in nbc's capitol hill correspondent kelly o'donnell. fill us in on how the meetings are going so far. last but not least, nancy pelosi coming up. >> exactly. she'll meet within the
today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the...
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Nov 26, 2012
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the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at a grand bargain, it was the politics and brinksmanship and it all went nowhere until a final deal that brought us to this breaking point. do you think that the tax issue has to be solved first before you can get to any defending issues, any of the entitlement issues? >> i think it all has to be on the table. again, i don't want to be said what has to be done first or second. that's for them in the room. but the election is over. president obama won. he won fair and square. we won the house. we won it fair and square. democrats still control the senate. slight edge to the democrats. bottom line, it's over with. let's find a way to get this resolved as much as possible between now and the end of the year. so both the new congress and the president in his second term can start over with a clean slate.
the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at a grand bargain, it was the politics and brinksmanship and it all went nowhere until a final deal that brought us to this breaking point. do you think that the tax issue has to be solved first before you can get to any...
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harry reid said they believe the committees in charge chaired by john kerry should be in charge of this and not members from other committees like homeland security and intelligence and armed services who are getting involved in this. but as you pointed out, none of the republican senators asking questions chair anything. it's becoming very personal and very puzzling indeed. >> one last sort of puzzling element of this to me. i just want your perspective because you have reported on these issues for so long. it seems remarkable to me to have the acting director of the cia personally accompanying susan rice to that meeting today. this is not formal testimony. there was no committee of lindsey graham and john mccain. they don't run anything there. is it unusual to have the leader of the cia personally involved like this? >> it was remarkable to me. i described her on "nightly news" as her wing man. he was there to take the blame. and it did seem for an acting director of the cia to be put in that position rather extraordinary. he himself is under consideration to become the permanent cia
harry reid said they believe the committees in charge chaired by john kerry should be in charge of this and not members from other committees like homeland security and intelligence and armed services who are getting involved in this. but as you pointed out, none of the republican senators asking questions chair anything. it's becoming very personal and very puzzling indeed. >> one last sort of puzzling element of this to me. i just want your perspective because you have reported on these...
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Nov 29, 2012
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we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear index, is pull off. transports are doing well. we've gotten in some same-store sales. names like koeledz, macy's, gap and target. coles as an example they're citing hurricane sandy for weak november same-store sales. look at kohl's. that is the worst of the bunch. it is down about 10% now. while they, some of them are feeling little optimistic about the black friday and the thanksgiving shopping weekend, they can't deny the fact they did lose money on the eastern seaboard pertaining to hurricane sandy. so we'll start to hear from a lot of retailers. not on
we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear...
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Nov 22, 2012
11/12
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harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of democratic program and as norm said, at the beginning of this new congress president obama has a better shot at working with the senate including 6, 8, 10, republicans in using that to put pressure on the house so is this the right time to blow up the senate? >> norm, real quick, do you think we need 67 or 51, whatever you want to do? what do you think is the number of senators? >> institutionally you could do it with 51. you made the key point. in 1975 when they changed the rule they started to do it this way a
harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way...
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Nov 27, 2012
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that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor
that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." embarrassed about my skin. [ designer ] enough of just covering up my moderate to...
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Nov 29, 2012
11/12
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we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ ] i'm with scottrade. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] welcome to the world leader in. derivatives. welcome to superderivatives. >>> corporate executives are naturally barred from illegal insider trading, but is an sec rule designed to avoid t
we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar...
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Nov 26, 2012
11/12
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majority leader harry reid has ruled that out this time and the number two democrat durbin repeated reid's position on sunday. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things, and i believe we should, now, smaller things, played out over the longer term that gives it solvency. medicare is another story. >> there's still staff level discussions going on. and, by the way, as much as washington gets caught up in the conventional wisdom of what senators are saying, remember right now the senate are 100 ehechted pundits. the game is between the white house and house republicans for now. at some point the action could move to the senate. but right now it's about the house. it's a possibility at some point folks on capitol hill expect the white house to call another meeting of boehner, mcconnell, reid and pelosi along with the president. at some point this week. though nothing is scheduled. the first major appointment that the president makes will probably come in the next week to ten days. just two candidates are being vet
majority leader harry reid has ruled that out this time and the number two democrat durbin repeated reid's position on sunday. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things, and i believe we should, now, smaller things, played out over the longer term that gives it solvency. medicare is another story. >> there's still staff level discussions going on. and, by the way, as much as washington gets caught up in...
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Nov 29, 2012
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now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following statement, ashleigh. i want to read to you. he says, we accepted this meeting with the expectation that the white house team will bring a specific plan for real spending cuts, because spending cuts that washington democrats will accept is what is missing from the balanced approach that the president says he wants. clearly, what that tells me, republicans are putting the ball in the white house's court, and democrats' court to come forward with spending cuts. i'll tell you just as quickly, i've been told by senate -- democratic aides all week they believe it's absolutely the opposite. that democrats
now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following...
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Nov 27, 2012
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i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said i'm not going to vote on this. if you want higher tax increases, boehner brings it to the floor. they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying th
i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said...
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Nov 27, 2012
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that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually e! how illinating. hat's in your wallet? let me guess, am i on the naughty list again? ho ho ho! is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescrip
that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." this family used capital one venture miles to come home for the holidays. that's...
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Nov 28, 2012
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reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam president, on behalf of senator udall of colorado, i call amendment 2985. the presiding officer: the clerk will report the amendment. the clerk: the senator from nevada, mr. reid, for mr. udall of colorado and others, proposes an amendment numbered 2985. strike section 313. mr. reid: i would ask further reading of the amendment be waived. the presiding officer: without objection. the presiding officer: the senator from michigan. mr. levin: i have two unanimous consent requests for committees to meet today during today's session of the senate
reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam...
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. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is
. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to...
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Nov 29, 2012
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obviously here reid's comments sent the euro in the risk trade back. obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a triple top setting up. those do not hold. i like the trade up towards a test of that october high. >> i'm surprised you don't think the yen is a better trade at the moment. there's a lot of chatter everywhere else about it. >> it's a great point, simon. you know, the boj is doing everything they can to end their 13, 15-year deflationary cycle. my thought on that is you don't get hit by the train you see coming. i feel like the market is so focused on the short yen trade, i think it could work in the short te
obviously here reid's comments sent the euro in the risk trade back. obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high...
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Nov 23, 2012
11/12
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speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble beginnings and raised in latrobe, pennsylvania, arnold rose from blue-collar roots to becoming the king, the king of golf. as king of golf, he raised up arnold's army. he always demonstrated etiquette, courtesy and friendship to fans and competitors alike. as arnie's army followed him on the course, he taught everyone about perseverance and discipline. he taught us that you can be six strokes ahead, and still lose. but you can be strikes -- six strokes behind and still win. as he said, he always made a total effort, even when the odds seem
speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble...
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Nov 28, 2012
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harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking at changing the rules of filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up by 2,200 a year. as i have indicated, the senate has acted to s
harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking at changing the rules of filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get...
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Nov 25, 2012
11/12
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pelosi and reid worked with him to do that. then in 2008 they came to us. john, you and i worked together on the whole question to the response to the financial. i believe we had in 2007, 2008, this is not a longstanding problem. a great deal of cooperation in the bush administration. i do believe that there were elected some people in 2010, tea party influence, who repudiated the notion of compromise, and some have said it exclusively. i think partisanship, you have to start from a position of principle and then you work together. i think in 2007 and 2008 we showed how can you do that. >> candy, let me join in the general hopefulness that we're going to avoid the fiscal cliff, but it's not a done deal. it's not a certainty. the reason is the country -- the government is on automatic pilot to the fiscal cliff, to massive tax increases and really horrible spending cuts on january 1st unless we act, so if congress does nothing, which congress has gotten pretty good at doing these days, we'll go over the fiscal cliff, so there's work to be done and compromises
pelosi and reid worked with him to do that. then in 2008 they came to us. john, you and i worked together on the whole question to the response to the financial. i believe we had in 2007, 2008, this is not a longstanding problem. a great deal of cooperation in the bush administration. i do believe that there were elected some people in 2010, tea party influence, who repudiated the notion of compromise, and some have said it exclusively. i think partisanship, you have to start from a position of...
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jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time to talk about some things. in public, though, republicans are sounding a little bit more frustrated in trying to force the president to step up. take a listen. >> he's got a responsibility to everyone to work out an agreement, and that means he's got to come up with something that can get through a republican house of representatives. so we're waiting on the president. we can still get there, but he's going to have to lead. >> reporter: so keep in mind there's a lot of tough talk in public, a lot of the important work is being done in private including private conversations, a
jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time...
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Nov 27, 2012
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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Nov 29, 2012
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john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers. costs dropping 6%, tiffany got a markdown, earnings missed street estimates. and then there is aeropo
john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the...
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all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensing a distinct lack of holiday cheer down in washington these days, take heart. because joe biden is still our vice president and no fiscal cliff fights are going to stop him from a shopping blitz at washington's new costco super store. the veep came looking for pies and left with a television, books, fire logs, and a huge smile trailed by a horde of surprised shoppers. >> just walking through this store. get some guidance. >> you know, i have a feeling that the president may have missed his usual lunch partner at the midday meal today. joining us from washington is msnbc own historian th
all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible....
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yesterday, i should point out that senator reid meant to say $1 trillion. not one $1 billion on the sound bite we played to be fair to him. but nancy pelosi is clearly saying we're done. >> you see this in the comments that the democratic members of the house made to the public. big argue in politico, not refrenching on entitlement. that is not going to work. if that he are not willing to give on more spending the republicans are increasingly thinking fine. go over the cliff then. you take us over the cliff. >> bret: what leverage do republicans have? >> republicans don't have a lot of leverage. this is the disagreement with charles on his take on what leverage republicans have. i don't think they have much leverage. if the question is sign up for tax increases, so that you can have a terrible deal that doesn't do anything to reign in entitlement and doesn't make serious spending cuths you are seeing more and more republicans look around and say that is a bad deal. might be better than the other possibility. >> not just a bad deal. this is insulting deal. r
yesterday, i should point out that senator reid meant to say $1 trillion. not one $1 billion on the sound bite we played to be fair to him. but nancy pelosi is clearly saying we're done. >> you see this in the comments that the democratic members of the house made to the public. big argue in politico, not refrenching on entitlement. that is not going to work. if that he are not willing to give on more spending the republicans are increasingly thinking fine. go over the cliff then. you...